Nu Horizons Electronics named by Fortune Magazine as one of America's Fastest-Growing Companies.

AMITYVILLE, N.Y.--(BUSINESS WIRE)--Sept. 30, 1996--Nu Horizons Electronics Corp. (NASDAQ, NM: NUHC), a leading distributor of semiconductor components, has been identified as one of America's Fastest-Growing Companies, in the October 1996 issue of Fortune Magazine, which ranks "100 hard-chargers"

Criteria for inclusion in Fortune's annual top 100 list include growth in revenues and net income, and the market value of the stock. In its ranking of Nu Horizons, Fortune noted that the company has achieved a 47 percent annual growth rate and pointed out that "a strong electronics market and aggressive geographic expansion helped this distributor of electronic components more than double its 1994 sales."

"This recognition by one of the premier business and financial publications represents a welcome confirmation of our accomplishments and an additional incentive to pursue our successful strategies for growth," Arthur Nadata, president and chief executive officer of Nu Horizons, commented. "Our success would not have been possible without the enthusiastic contributions and support of Nu Horizons' employees, suppliers and customers," Nadata added.

Nu Horizons is a national distributor of high technology electronics components which provide innovative, total semiconductor solutions through products and technologies that are faster, smaller and lower powered. Nu Horizons was established in 1982 and it currently has 19 branch offices located in the United States. For more information, visit the Nu Horizons home page at http://www.nuhorizons.com.

CONTACT: Nu Horizons Electronics Corp., Amityville

Ginnie Besthoff, 516/226-6000

or

Porter Le Vay & Rose Inc., New York

L.B. Stauffer, 212/564-4700